Key Features
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Competitive Rates
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Local Processing
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Quick Decisions
Details
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Use the equity you've built in your own home to make home improvements, consolidate debt, and more. The interest you pay might even be tax-deductible.1
- Use your home equity to fund important expenses
- Competitive fixed rates
- Lower rates than credit cards
- Fixed rates and monthly payments for easy budgeting
- Includes biweekly payment options to save thousands in interest
- Interest may be tax-deductible1
- Discounted rates available when you make automatic payments from First Citizens Checking or Savings
- Local decision-making and processing right here in Pennsylvania
- Attentive, friendly service from start to finish
Home Equity Line of Credit (HELOC)
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Before you drain your emergency fund, consider using the equity you've built in your home as a line of credit. Draw funds as you need them, and reuse without having to reapply. And you only need to pay interest on what you use.
- Use your home's equity as a line of credit
- Draw what you need, when you need it
- Make a payment, then reuse without having to reapply
- Competitive, variable rates
- Lower than credit cards
- Pay interest only on what you use
- Interest may be tax-deductible1
- Several convenient ways to access funds
- Check
- ATM
- On-line transfer to your checking
- Local decision-making and processing right here in Pennsylvania
- Attentive, friendly service from start to finish
YourChoice Line of Credit
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A First Citizens YourChoice Home Equity Line of Credit allows you to borrow what you need when you need it. Choose when to use it, and when to lock in a rate to protect yourself in a rising-rate environment.
Flexibility
- Funds can be used to satisfy whatever expense customers may have:
- Home improvements
- College education
- Vacations
- Debt consolidation
- And more
- No pre-payment penalties
Competitive, Low Rates
- Variable rate line of credit
- Option to convert any balance to a fixed-rate loan and still have access to the remaining line of credit
- As you pay the fixed-rate portion down, the available line increases
- Usually lower rate than credit card or department store cards
Convenience
- Funds can be accessed in a number of ways:
- Check
- ATM
- Online transfer to your FCCB checking
- Overdraft protection on a FCCB checking account
- Can have up to 3 fixed-rate locks at one time
- Only one payment
- Interest may be tax deductible1
Handy Financial Calculators
1Consult your tax advisor.
Rate may increase after account is opened.